Elko County Assessment and Gap Analysis

Purpose
Access to adequate and affordable housing is crucial for communities and economic development. When families spend too much of their income on housing, they often need help to pay for food, health care, transportation, education, and other basic needs. Housing stability leads to a stronger workforce and community.

Housing data is often scattered through many sources of varying reliability and consistency and can be difficult to navigate. The two reports, “Housing Data Profile” and this one, collect data and analyze to present the current housing situation in Elko County.

• Executive Summary and Introduction. The Executive Summary gives a brief review of the findings of this report. The Introduction includes pertinent details regarding the process, data, and analysis used throughout.
• Demographic and Economic Characteristics. The following section outlines the demographic and economic data that shape the housing situation in the county. It considers the population and economy, including age, poverty, labor force, industry, and income.
• Housing Supply. The section covers the county's housing inventory, such as its age, growth, prices, housing structure types, and tenure.
• Housing Demand. This section analyzes the current population and economic data to determine what sort of housing is required in the region.
• Housing Gap. This section assesses the supply and demand of affordable housing in the region. It studies how income levels affect the availability of affordable housing. By analyzing housing gaps, we can determine shortages and surpluses for different income groups.